Enigma Shares Balloon on Subscriber Numbers
Shares of Enigma Software Group Inc. (OTCBB: ENGM) ballooned up the charts today rising 18 cents (58 percent) to 49 cents per share on volume of 136,800. I personally think the stock took such a jump because the man in charge is named “Colorado,” but really it probably has to do with the company’s steady increase in subscribers over the past month. Since May 15, 2007, ENGM has announced over 9,000 new, renewal and third party subscribers. The company’s featured product SpyHunter V.2.9 is priced at $30, which would equate to over $270,000 in revenue for the past three weeks.…